Dealings in securities by associates of directors STELLAR CAPITAL PARTNERS LIMITED Incorporated in the Republic of South Africa (Registration number: 1998/015580/06) Share code: SCP ISIN: ZAE000198586 ("Stellar Capital" or the "Company”) DEALINGS IN SECURITIES BY ASSOCIATES OF DIRECTORS In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following dealings by associates of directors of Stellar Capital are disclosed: COMPANY : Stellar Capital NAME OF DIRECTOR : Mr Marco Wentzel DESIGNATION OF DIRECTOR : Non-executive NAME OF ASSOCIATE : Metcap 14 Proprietary Limited which is ultimately controlled by a trust of which Mr Wentzel’s wife, Ms Clare Wiese Wentzel, is a trustee and beneficiary TYPE AND CLASS OF SECURITIES : Ordinary shares NATURE OF TRANSACTION : Off-market disposal of securities NATURE AND EXTENT OF : Dealing by an associate of DIRECTOR’S INTEREST IN THE a director TRANSACTION DATE OF TRADE : 31 December 2018 PRICE PER SHARE : R0.89 NUMBER OF SHARES : 41 028 091 TRANSACTION VALUE : R36 515 001 CLEARANCE OBTAINED : Not applicable COMPANY : Stellar Capital NAME OF DIRECTOR : Mr James Bishop DESIGNATION OF DIRECTOR : Non-executive NAME OF ASSOCIATE : Thunder Securitisations Proprietary Limited TYPE AND CLASS OF SECURITIES : Ordinary shares NATURE OF TRANSACTION : Off-market purchase of securities NATURE AND EXTENT OF : Dealing by an associate of DIRECTOR’S INTEREST IN THE a director TRANSACTION DATE OF TRADE : 31 December 2018 PRICE PER SHARE : R0.89 NUMBER OF SHARES : 46 750 087 TRANSACTION VALUE : R41 607 577 CLEARANCE OBTAINED : Not applicable Cape Town 31 December 2018 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 31/12/2018 09:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.